Schlumberger latest casualty of oil price decline
Houston (UPI) Jan 16, 2015 - Though fourth quarter revenue increased 6 percent from 2013, the world's largest oil services company, Schlumberger, said it was resizing. "In this uncertain environment, we continue to focus on what we can control," Chief Executive Paal Kibsgaard said in a statement. "We have already taken a number of actions to restructure and resize our organization that has led us to record a number ... more

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